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Project A Ventures

Europe, Berlin, Germany, Berlin

Description

Project A Ventures is a prominent early-stage venture capital firm based in Berlin, Germany, known for its distinctive operational VC model. Unlike traditional VCs, Project A integrates a large team of over 120 in-house operational experts across various disciplines, including engineering, marketing, human resources, and business intelligence. This unique approach allows them to not only provide capital but also hands-on support, helping their portfolio companies scale rapidly and efficiently. The firm primarily focuses on digital businesses across Europe, with a strong emphasis on the DACH region.

The firm's investment strategy targets early-stage technology companies, typically spanning from Seed to Series B rounds. While sector-agnostic within the digital realm, Project A has a track record of investing in diverse areas such as B2B SaaS, fintech, health tech, e-commerce, and mobility solutions. Their initial cheque sizes typically range from €500,000 to €10 million. Converting this to USD, this translates to approximately $540,000 to $10.8 million for a first investment, reflecting their commitment to supporting companies from their nascent stages through significant growth phases.

Project A has demonstrated substantial growth in its funding capabilities over the years. In 2022, the firm announced the closing of its fifth fund, Project A Ventures V, with a total capital commitment of €375 million. This latest fund, equivalent to approximately $405 million, underscores their expanding capacity to deploy capital and support a larger number of promising European startups. Their portfolio includes notable successes like Trade Republic, sennder, and Voi Technology, showcasing the effectiveness of their hybrid investment and operational support model in fostering market leaders. Project A's blend of financial backing and deep operational expertise positions it as a key player in the European venture capital landscape.

Investor Profile

Project A Ventures has backed more than 219 startups, with 18 new investments in the last 12 months alone. The firm has led 66 rounds, about 30% of its total and boasts 32 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in Germany, United Kingdom, United States.
  • Strong thematic focus on Software, E-Commerce, Artificial Intelligence (AI).
  • Led 4 rounds in the past year.
  • Typical check size: $540K – $10.8M.

Stage Focus

  • Seed (36%)
  • Series A (30%)
  • Series B (14%)
  • Series Unknown (8%)
  • Pre Seed (5%)
  • Series C (5%)
  • Series D (2%)
  • Private Equity (1%)

Country Focus

  • Germany (59%)
  • United Kingdom (10%)
  • United States (10%)
  • Sweden (4%)
  • France (3%)
  • Denmark (3%)
  • Italy (2%)
  • The Netherlands (2%)
  • Singapore (2%)
  • Brazil (2%)

Industry Focus

  • Software
  • E-commerce
  • Artificial Intelligence (Ai)
  • Information Technology
  • Saas
  • Marketing
  • B2b
  • Internet
  • Health Care
  • Financial Services
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Project A Ventures frequently co-invest with?

Vsquared Ventures
Europe, Bayern, Germany, Munich
Co-Investments: 5
Creandum
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 16
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 8
Saarbruecker 21
Europe, Berlin, Germany, Berlin
Co-Investments: 5
Discovery Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 5
Vorwerk Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 7
Picus Capital
Europe, Bayern, Germany, Munich
Co-Investments: 5
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 6
Accel
North America, California, United States, Palo Alto
Co-Investments: 12
HV Capital
Europe, Bayern, Germany, Munich
Co-Investments: 11

Which angels does Project A Ventures often collaborate with?

CS
Europe, Berlin, Germany, Berlin
Shared Deals: 3
MH
Europe, Berlin, Germany, Berlin
Shared Deals: 2
CM
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 2
NT
North America, New York, United States, New York
Shared Deals: 2
PT
North America, California, United States, San Francisco
Shared Deals: 2
VP
Europe, Berlin, Germany, Berlin
Shared Deals: 3
MG
Europe, Grad Sofiya, Bulgaria, German
Shared Deals: 5
CJ
Europe, England, United Kingdom, London
Shared Deals: 2
CH
Europe, Bayern, Germany, Munich
Shared Deals: 2
Shared Deals: 3

What are some of recent deals done by Project A Ventures?

Unmind

London, England, United Kingdom

Unmind is a B2B mental health platform providing clinically-backed tools and training.

AppsArtificial Intelligence (AI)B2BEnterprise SoftwareHealth CareMental HealthmHealthPsychologyTraining
Series CJul 31, 2025
Amount Raised: $34,951,097
Project Q

Atlanta, Georgia, United States

Project Q is an ultra-fast, super accurate qualification tool to capture customer needs.

Information Technology
SeedJul 28, 2025
Amount Raised: $8,715,377
avoltra

Munich, Bayern, Germany

Avoltra aims to become an "intelligent energy purchasing solution," using fresh capital to "accelerate product development."

Pre SeedJul 2, 2025
Amount Raised: $2,714,137
Knowunity

Berlin, Berlin, Germany

Knowunity is an AI tool that helps students with school activities and homework.

AppsArtificial Intelligence (AI)E-LearningEducationMachine Learning
Series BJun 13, 2025
Amount Raised: $31,099,004
Baobab

Berlin, Berlin, Germany

Baobab is a cyber insurance company protecting organizations against cyber threats using technology, knowledge, and insurance.

Cyber SecurityInsurance
Series AJun 4, 2025
Amount Raised: $13,702,619
Atmen

Eching, Bayern, Germany

Atmen automates green certification for energy-intensive industries, saving up to 90% time in the process. Starting with hydrogen & e-fuels.

B2BEnterprise SoftwareRenewable EnergySoftware
SeedJun 3, 2025
Amount Raised: $5,713,802
Labrys Technologies

London, England, United Kingdom

SaaS, Mobile App, Payments; Global Network Management System

Artificial Intelligence (AI)CryptocurrencyInformation TechnologyNational SecuritySaaS
Series AJun 3, 2025
Amount Raised: $20,000,000
Quantum Systems

Gilching, Bayern, Germany

Quantum Systems builds AI-powered eVTOL drones for defense, security, and surveying, specializing in aerial intelligence solutions.

AerospaceArtificial Intelligence (AI)DronesGovernmentManufacturingMapping Services
Series CMay 6, 2025
Amount Raised: $181,077,411
ARX Robotics

München, Bayern, Germany

ARX Robotics is a defense startup that develops autonomous unmanned ground systems for military and civilian applications.

Autonomous VehiclesDronesManufacturingRobotics
Series AApr 28, 2025
Amount Raised: $35,173,393
Atmantara

Berlin, Berlin, Germany

Atmantara empowers banks, insurance, asset management, payments, and lending with AI-driven solutions for real-time, data-driven decisions.

FinanceInternetSoftware
Series AApr 25, 2025
Amount Raised: $5,108,099